I

Indian Renewable Energy Deve… 7.74% Jan 2031 NCD

AA+ Secured NCD

Indian Renewable Energy Development Agency Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2031

Current YTM
No live YTM available
Coupon Rate
7.74%
Per annum
Maturity Date
21 Jan 2031
4.4 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual) EST
~7.74%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+100 bps
vs 4.4Y G-Sec at 6.74% *
Below the median spread for similar-tenor peers
Tenure
4.4 Years
Remaining to maturity
Price vs Yield
— Price (Clean)
2026-08-11 2026-08-26
Cashflow Timeline
21 Jan 2027
Interest Payment
₹77.40 / Bond
21 Jan 2028
Interest Payment
₹77.40 / Bond
21 Jan 2029
Interest Payment
₹77.40 / Bond
21 Jan 2030
Interest Payment
₹77.40 / Bond
21 Jan 2031
Principal Payment
₹1,000.00 / Bond

Next 4 coupons + principal at maturity · per ₹1,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ┊ Today
Today Issued 2016-01-21 Matures 2031-01-21
Key Metrics
Coupon Rate
7.74%
YTM (Annual)
Credit Rating
AA+
(ICRA)
Remaining Tenure
4.4 Years
Advanced metrics
Modified Duration
3.46 Yrs
Macaulay Duration
3.73 Yrs
Issue Size
₹484 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
3.46 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-26
NSE CM
Trades (30 Days)
14
Exchange-reported sessions
Security Status
Secured
Callable
Observations
  • This bond is secured.
  • 14 secondary-market trades recorded in the last 30 days.
  • Coupon is 2.26 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2016-01-21
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

Issued by Indian Renewable Energy Development Agency Limited, 7.74% SECURED REDEEMABLE NON-CONVERTIBLE TAXFREE BOND. TRANCHE I. SERIES 2B. LETTER OF ALLOTMENT. DATE OF MATURITY 21/01/2031 is a secured, rated, ncd paying a 7.74% p.a. coupon annual. The instrument repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-26 112.4650 None
2026-08-21 112.4650 None
2026-08-20 112.4150 None
2026-08-19 112.5000 None
2026-08-18 112.5510 None
2026-08-17 112.2000 None
2026-08-14 112.4510 None
2026-08-13 113.2000 None
2026-08-12 112.6900 None
2026-08-11 112.6000 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2015-12-30
Rating Actions History 0
Secondary-Market Trades 10 NSE CM 2026-08-26
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
nsdl_master_promoted
Last Updated
16 Jul 2026

Risk warning: This page is for informational purposes only. Bond investments carry credit risk, interest rate risk, and liquidity risk. Credit ratings reflect agency opinion at a point in time. Nothing here constitutes investment advice or a recommendation. Verify all details against the issuer's offer document and the exchange. RetailBonds.in is not a SEBI-registered intermediary. See our full disclaimer.

Frequently Asked Questions
What is the coupon rate on Indian Renewable Energy Deve… 7.74% Jan 2031 NCD?

Indian Renewable Energy Deve… 7.74% Jan 2031 NCD carries a coupon of 7.74%, paid annual, on a face value of ₹1,000.

When does Indian Renewable Energy Deve… 7.74% Jan 2031 NCD mature?

Indian Renewable Energy Deve… 7.74% Jan 2031 NCD matures on 2031-01-21, 4.4 years from today.

What is Indian Renewable Energy Deve… 7.74% Jan 2031 NCD rated?

Indian Renewable Energy Deve… 7.74% Jan 2031 NCD is rated AA+ by ICRA. As of 2015-12-30.

Is Indian Renewable Energy Deve… 7.74% Jan 2031 NCD secured?

Indian Renewable Energy Deve… 7.74% Jan 2031 NCD is a secured bond.

Can Indian Renewable Energy Deve… 7.74% Jan 2031 NCD be called or put back early?

Indian Renewable Energy Deve… 7.74% Jan 2031 NCD has both a call option, letting the issuer redeem it early, and a put option, letting holders require early repurchase, on scheduled dates.

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